It is if someone pays at the end.
Like most anything, it's worth whatever you can sell it for (and no more).
That will probably be good for a lot more than the axle. I'll bet it can be used in plumbing, on bolts and other threaded fittings as well. I wouldn't mind having it myself, but not at that price. I'll wait for the next one that is mis-listed and no one knows about. Jim Patrick
Someone(s) is hot to get it, that is way over the average price. On ebay they normally run in the 50-80$ range.
I paid about $40 for one on ebay about a year ago. They come up every month or two, but if someone hasn't been watching for them, and sees one, and needs one,....... Well, there ya' go.
That one looks to be in nice shape, but not THAT nice.
I got one off e-bay for $25 About two months ago.
I got one on ebay too and it's a nice tool to have.